Increased Median Sales Prices for Miami's Luxury Real Estate Market

Posted by John Sabia on Thursday, July 2nd, 2015 at 5:17pm.

Miami Luxury Real Estate Scores High Median Sales Prices

The Median Sales Price for Miami Luxury Real Estate increased greatly in first Quarter 2015 as compared to same period last year. The Median Sales Price for residential homes priced in excess of 1 million was $1.7 Million; which represents an increase of more than 6 percent as compared to January - March 2014, where the median price was $1.6 million. Luxury Miami Condos also saw a 13.3% increase in the Median Sales Price of $1.7 million, versus just 1.5 million during the same quarter last year.

Miami was recently ranked 7th (out of 10) most important global cities that matter to the wealthy according to the latest Knight Frank Wealth Report. with New York City ranking #1. 

With warm temperatures all year long and most destinations to and from Miami having direct flights from Miami Airport, this tropical paradise is a preferred destination spot to the world's most wealthiest investors and individuals. 

Miami Luxury Properties For Sale:

49 – 96 of 3,527 Listings
Price, High to Low

6 Bed • 8 Bath • 11,485 Sf

$20,000,000

580 Sabal Palm Rd, Miami

Brand New Dream Home! We Present To You, "la Casa Palma"- An Unparalleled Contemporary Masterpiece Impeccably Designed By Architect Kobi Karp With ...

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Douglas Elliman

8 Bed • 11 Bath • 8,474 Sf

$19,950,000

6650 Allison Rd, Miami Beach

Luxurious Contemporary Modern Waterfront Home Custom Built By Todd Michael Glaser On Gated Allison Island. Florida Keystone Façade Surrounds T...

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The Corcoran Group
Reduced 7%

5 Bed • 7 Bath • 7,442 Sf

$19,950,000

10203 Collins Ave 2001, Bal Harbour

Enjoy Breathtaking Direct Ocean Views In The Exquisitely Crafted Unit At The Coveted Oceana Bal Harbour. This Penthouse Floorplan Offers A Flow Thr...

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Coldwell Banker Residential Real Estate

4 Acres

$19,900,000

8525 Old Cutler Rd, Coral Gables

One Of The Most Sought After Trophy Assets In All Of South Florida Located In One Of The Most Exclusive Communities In The World. This Highly Covet...

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Douglas Elliman

5 Bed • 6 Bath • 3,605 Sf

$19,900,000

921 N Venetian Dr, Miami

Magnificent Bayfront Villa- Situated On A Double Lot Offering 27,250 Sf And 175 Linear Ft Of Wide Bay Waterfront. Elegant European Home, Designed B...

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One Sotheby's International Realty

5 Bed • 8 Bath • 8,400 Sf

$19,500,000

1500 Ocean Dr T1, Miami Beach

Uber Chic 8400+ Sf 5 Bed 6 Bath Ph. Boasting Double Walk-in Wine Rooms, Circular Glass Great Room With Wrap Around 270 Degree Views Of Ocean & Beac...

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Douglas Elliman

$19,000,000

960 Alton Rd, Miami Beach

Corner Development-opportunity Assemblage On Commercial Intersection In Miami Beach, Directly Across From Whole Foods & Walgreens. 209' Frontage A...

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Scott Robins Companies, Inc.

11 Bed • 15 Bath • 12,721 Sf

$19,000,000

2700 N Bay Rd, Miami Beach

Stunning Contemporary Estate With The Best Wide Water Views On Prestigious North Bay Road. This 12,721 Sf Turnkey Mansion Sits On An Expansive 27,0...

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Bar Invest Realty Llc
Reduced 5%

5 Bed • 6 Bath • 6,903 Sf

$18,999,000

44 Bal Bay Dr, Bal Harbour

Premier Bal Harbour Village Waterfront Estate With Approximately 200 Linear Ft. Of Water Frontage And Over 45k Sf Of Land. Architecturally Distinc...

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One Sotheby's International Realty
Reduced 10%

5 Bed • 6 Bath • 9,570 Sf

$18,950,000

5203 Fisher Island Drive 5203, Miami

Largest Unit Available On Fisher Island Made Up Of 9,570 Interior Sq Ft. Sweeping Open Bay Views Outlined By The Iconic Miami Skyline On One Side A...

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Douglas Elliman

3 Bed • 4 Bath • 4,973 Sf

$18,950,000

100 S Pointe Dr 3804, Miami Beach

Unique Opportunity To Buy A Rare 2 Story Penthouse At The Continuum Located In The Most Exclusive Sought After Neighborhood South Of Fifth In Miami...

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Miami Real Estate Global, Inc

5 Bed • 7 Bath

$18,900,000

6891 Fisher Island Dr 6891, Miami Beach

Sprawling 5 Bedroom West Wing Corner Residence In Fisher Island's New Full-service Tower Is Perfect For Families! This Spacious 5 Bed/6.5 Bath Home...

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Fisher Island Real Estate, Llc

5 Bed • 7 Bath

$18,800,000

1000 Biscayne Blvd 5001-full Floor, Miami

One Thousand Museum By Zaha Hadid. Miami's Most Prestigious New Residential Tower, Blurs The Lines Between Art & Architecture. Limited Collection O...

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One Sotheby's Int'l Realty

5 Bed • 8 Bath • 9,228 Sf

$18,500,000

941 N Venetian Dr, Miami

941 Venetian: The Most Jaw Dropping Immediate Impression Of Any Property On The Venetian Islands. Enter Through A 19ft Door To An Aquatic Atrium, G...

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Douglas Elliman
Reduced 2%

7 Bed • 8 Bath • 7,828 Sf

$18,400,000

825 E Dilido Dr, Miami Beach

Ultra Modern New Waterfront Architectural Masterpiece Designed By Choeff Levy Fischman Architecture & Furnished By Artefacto On The Venetian Island...

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Luxe Living Realty

8 Acres

$18,350,000

3199 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment B...

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One Stop Realty

8 Acres

$18,350,000

3199 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment B...

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One Stop Realty

8 Acres

$18,350,000

3199 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment B...

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One Stop Realty

8 Acres

$18,350,000

2724 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment B...

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One Stop Realty

8 Acres

$18,350,000

2724 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment B...

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One Stop Realty

8 Acres

$18,350,000

2724 Nw 36th St, Miami

Fantastic Opportunity!! Location In Miami Nw 36 St! Three (3) Huge Dealers, 7.6 Acres Of Land, First Time For Sale! Best! Best Used For Apartment ...

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One Stop Realty

4 Bed • 7 Bath • 7,534 Sf

$18,262,000

10203 Collins Ave Ph01n, Bal Harbour

Phs At Oceana Bal Harbour - Amazing Penthouse With Gorgeous Unobstructed Views Of Ocean And Bay. A Unique Corner Unit With Wrap Around Balconies An...

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Consultatio Realty Llc

7 Bed • 11 Bath • 8,898 Sf

$18,000,000

268 Bal Bay Dr, Bal Harbour

This Pristine Wide Bay, Designer Furnished Estate Located Inside The Exclusive Gated Community Of Bal Harbour Village Is Unparalleled In All Of Its...

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Harding Realty, Inc.

1 Acres

$18,000,000

51 Ne 22nd St, Miami

Incredible Investment/development Opportunity In Edgewater/wynwood District. Over 60,000 Sq Ft (1.4 Acre) Of Commercial Land Zoned T6-8 With T6-12 ...

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Brosda & Bentley Realtors, Llc

1 Acres

$18,000,000

51 Ne 22nd St, Miami

Spectacular Assemblage/development Opportunity In Miami’s Edgewater/ Wynwood District. Never Been On Market. Located Across From Wynwood Squ...

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Brosda & Bentley Realtors, Llc

1 Acres

$18,000,000

51 Ne 22nd St, Miami

Spectacular Assemblage/development Opportunity In Miami’s Edgewater/ Wynwood District. Never Been On Market. Sale Includes 6 Folio's #.locat...

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Brosda & Bentley Realtors, Llc

5 Bed • 7 Bath • 9,910 Sf

$17,995,000

1000 Biscayne Blvd 5701, Miami

A True Mansion In The Sky Atop One Thousand Museum, A Triumphant Expression Of Great Design By Legendary Architect Zaha Hadid. This Full-floor, 9,9...

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Douglas Elliman

7 Bed • 8 Bath • 7,359 Sf

$17,950,000

1826 W 23 St, Miami Beach

Stunning Newly Completed Open Bay Modern Home On Sunset Islands By Architect Cesar Molina. Gated Community, Stunning S & Sw Open Bay Views Of Downt...

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The Corcoran Group
Reduced 8%

1 Acres

$17,900,000

2142 Bay Ave, Miami Beach

Once In A Lifetime Opportunity To Build Your Dream Home On This One Of A Kind West Facing Lot In Prestigious And Gated Sunset Island Iv. Measuring ...

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The Corcoran Group
Reduced 8%

8 Bed • 10 Bath • 13,000 Sf

$17,900,000

2142 Bay Ave, Miami Beach

Once In A Lifetime Opportunity To Build Your Dream Home On This One Of A Kind West Facing Lot In Prestigious And Gated Sunset Island Iv. Measuring ...

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The Corcoran Group

4 Bed • 6 Bath • 5,316 Sf

$17,900,000

10201 Collins Ave 2803 Uphw, Bal Harbour

An Exquisite Duplex Upperpenthouse With Almost $2mm Of Designer Buildout And Staged By Artefacto’s Newest Collection. The Only One With Priv...

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Douglas Elliman

6 Bed • 11 Bath

$17,500,000

8950 Arvida Dr, Coral Gables

Gables Estates At Its Finest, This Home Designed By Renowned Architect Cesar Molina Sits On 2 Acres Of Land & Brings Paradise To Your Backyard. Thi...

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One Sotheby's International Realty

$17,000,000

1435 Collins Ave, Miami Beach

Just Steps From Ocean Drive And In The Heart Of South Beach, This Classic 40-room Hotel Reopened In 2018 After Careful Restoration And Beautifully ...

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One Sotheby's International Realty

4 Bed • 6 Bath

$17,000,000

5775 Collins Ave Ph02, Miami Beach

A Haven For Quality Time And Tranquility, 57 Ocean Is Comprised Of 71 Oceanfront Residences That Share A Privileged Gaze Over The Sands Of Iconic M...

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Fortune International Realty

8 Bed • 9 Bath • 9,091 Sf

$16,900,000

1835 W 27th St, Miami Beach

Entertain On A Grand Scale At This Estate On Miami Beach’s Idyllic Sunset Island Ii. Your Guests Will Indulge In Sweeping Bay Views From Alm...

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Douglas Elliman

$16,900,000

275 Ne 18th St Cu1 Thru Cu11, Miami

Class A Retail Strip In Edgewater On Biscayne Blvd. That Has 11 Spaces With Over 20,000 Sf Leasable. The Property Is Anchored By A Chase Bank, Next...

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Global Investments Realty
Reduced 3%

6 Bed • 8 Bath • 14,329 Sf

$16,900,000

555 Arvida Pkwy, Coral Gables

This Stunning Palladian-style Home Within The Prestigious Gables Estates Community Is Flooded With Florida Sunshine. With Beautiful Modern Interior...

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Compass Florida Llc
Reduced 11%

6 Bed • 10 Bath • 9,634 Sf

$16,900,000

1633 N View Dr, Miami Beach

Impeccable Waterfront Estate Located In The Heart Of Miami Beach On Desirable Sunset Island I. This Meticulously Curated Property Is The Epitome Of...

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Coldwell Banker Residential Real Estate

4 Bed • 5 Bath • 5,936 Sf

$16,900,000

4701 Meridian Avenue Ph01, Miami Beach

One Of The Five Exclusive Penthouses That Crown The Top Floor Of The Ritz-carlton Residences, Miami Beach. This Residence Overlooks Miami Beach, Bi...

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Douglas Elliman
Reduced 6%

5 Bed • 7 Bath • 6,967 Sf

$16,850,000

35 E Dilido Dr, Miami Beach

Architectural Modern Masterpiece And One-of-a-kind Work Of Art On Coveted Venetian Islands! The Art Connoisseur, Interior Design Lover,and Future O...

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Douglas Elliman

9 Bed • 9 Bath • 9,605 Sf

$16,500,000

4731 Pine Tree Dr, Miami Beach

Villa Crono Is A Historic Estate Impeccably Recreated By Renowned Hotelier Alan Faena, Who Envisioned A Residence Inherently Shaped By A Sense Of P...

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Douglas Elliman

7 Bed • 8 Bath • 6,700 Sf

$16,500,000

5292 Fisher Island Dr 5292, Miami

This Stunning Bayview Unit Has Been Fully Renovated With No Expense Spared. This Turn-key Unit Is The First Unit In The Us To Be Totally Designed &...

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Coldwell Banker Residential Real Estate
Reduced 6%

6 Bed • 8 Bath

$16,500,000

1475 N View Dr, Miami Beach

Elegantly Restored Bay Front Mid-century Estate On Prestigious Sunset Island I. Contemporary And Elegant Interiors With Marble And Hardwood Floors....

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Compass Florida, Llc.

10 Bed • 13 Bath • 7,746 Sf

$16,490,000

5050 N Bay Rd, Miami Beach

One Of Miami’s Most Sought After Classic Estates. Fully Renovated Charming Mansion Located On Prestigious North Bay Road, This Home Embodies...

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Douglas Elliman

1 Acres

$16,400,000

44 Star Island Dr, Miami Beach

Star Island's Largest Lot For Sale With Over 205' Of Water Frontage. Home To Countless Celebrities And Titans Of Industry, This Coveted Location Pl...

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Douglas Elliman

5 Bed • 3 Bath • 7,818 Sf

$16,400,000

235 Solano Prado, Coral Gables

Once In A Lifetime Opportunity To Own The Largest And Most Exclusive Waterfront Lot In All Of Old Cutler Bay! Build Your Dream Home On This 1.6+ Ac...

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Coldwell Banker Residential Real Estate

2 Acres

$15,990,000

19680 W Dixie Hwy, Miami

Prime Multi Use Space Located In The Heart Of The "aventura Ojus Urban Area". Property Is Located Directly Across From Aventura Mall. Zoned For Mul...

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Rusty Stein & Company

4 Bed • 6 Bath • 5,879 Sf

$15,900,000

1525 N View Dr, Miami Beach

Enter Through Private Gates & Down Tree-lined, Meticulously Manicured Gardens To Reach This Regency Style Estate That Exudes Warmth, Charm & Sophis...

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Coldwell Banker Residential Real Estate

 

John Sabia

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